Prices Continue to Dip

Gas prices are declining as we approach the most traveled Independence Day holiday weekend since 2007. Of the 41.9 million total travelers, 35.5 million Americans will take a road trip; the highest number of auto travelers on record (which dates back to 2000).

The national average price for a gallon of regular unleaded gasoline ($2.78) is 1-cent cheaper than last week; 88 cents lower than the price on July 4, 2014. Georgia’s state average price for a gallon of regular unleaded gasoline ($2.66) is 5 cents cheaper than last week; 91 cents lower than the price on July 4, 2014, and Rabun County sits with an average this week of $2.49, also 5 cents better than last week, and 96 cents better than last year.

“Gasoline production increases this time of year in anticipation of the busy summer driving season, so the increase in demand should not drive up prices during the holiday weekend. Pump prices have likely hit their peak for the year and should continue falling through most of the summer.” said Mark Jenkins, spokesperson for AAA.